The Street Interviews Kaplan Law’s Marc Kaplan

“Any time you have joint ownership of an account, whether that be an investment account, bank account, credit card or loan, you’re ultimately responsible for keeping the account current and you cannot rely on the other person on the account to meet that responsibility,” says Marc Kaplan, divorce attorney at Kaplan Law in Denver, Col. “So, unless the account is paid off and closed, you remain ultimately responsible to the bank, credit card company, or other entity.”